tomo logo

$2,627,000

Beds
4
Baths
3.0
sq ft
2,445

1581 Minnesota Ave, San Jose, CA 95125

1581 Minnesota Ave

San Jose, CA 95125

  • 56 days on market
    • Price drop $30,000↓
Welcome to this stunning, custom-built home by Green Bellagio Buildings, nestled in the heart of Willow Glen. This 4-bedroom, 3-bathroom, two-story residence embodies luxury and modernity. High ceilings, hardwood floors, and abundant natural light accentuate the homes open floor plan, perfect for entertaining and daily comfort. The gourmet kitchen, with premium appliances, connects seamlessly to the family room and formal dining room. A dedicated office allows for remote work flexibility. Enjoy an energy-efficient solar system and integrated fire sprinklers. This smart home offers effortless control of lighting, climate, and security for added comfort and convenience. The primary suite is a peaceful retreat, with a spa-like bath and walk-in closets. Each additional bedroom is spacious, ideal for family or guests. Set in the warm and charming neighborhood of Willow Glen, enjoy close proximity to top-rated schools, shopping, and dining. With impeccable design and tasteful finishes, this home is a must-see. Don't miss the open house this weekend!

Details

Property type

Single Family Residence

Est. home value

$2,121,114

Lot size

5,467 sq ft

Price per sq ft

$1,075

Year built

2024

HOA

No

Price History

11/09/2024
BridgeMLS

BridgeMLS #ML81980861

Price change
$2,627,000
-1.13%
10/29/2024
BridgeMLS

BridgeMLS #ML81980861

Price change
$2,657,000
-0.75%
10/15/2024
BridgeMLS

BridgeMLS #ML81980861

Price change
$2,677,000
-0.85%

Schools & Community

Neighborhood: 

Willow Glen

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Jose Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,247,520
Asking price
$2,627,000
Closing costs (~8% of asking)
-$210,160
Est. remaining loan balance
-$1,169,320
Cash to seller
$1,247,520

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

October 2021

Original loan amount

$1,254,500

Est. remaining balance

$1,169,320

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Mazen Kawadri and Kyong Hwa Kim

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/14/2024 at 8:35 AM

Listing updated: 11/11/2024 at 4:15 AM

Listed by: Kyong H. Kim, Realty One Group Infinity Phone #: (408) 439-1167

MLS: BridgeMLS #ML81980861

BridgeMLS logo

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